This week in LATAM crypto, three stories are taking the spotlight: El Salvador is expanding its Bitcoin Zones to spur innovation and economic growth.
On the other hand, MEXC claims record expansion and community participation across Latin America, and a high-profile Polymarket bet on Nicolás Maduro’s departure raises concerns about insider information.
These developments highlight the region’s dynamic cryptocurrency scene, which includes legislative trials, exchange growth, and high-stakes prediction markets.
Expanding Bitcoin zones strengthen El Salvador’s digital strategy
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El Salvador’s Bitcoin Zones have regained international interest following the formal announcement of two new developments that will complement the country’s existing programs.
This step supports El Salvador’s aim of integrating Bitcoin into the economy through technological innovation, capital attractiveness, and territorial development.
Despite persistent external concern, the government remains steadfast in its pro-Bitcoin attitude, framing these additional zones as an extension of the crypto model beyond the well-known programs.
Bitcoin Zones are special economic zones that combine Bitcoin and digital technology into business, tourist, and finance operations.
Current references such as Bitcoin Beach, Bitcoin City, and the Bitcoin Zone at the National Library all serve different purposes, ranging from ordinary BTC payments to geothermal-powered smart city construction.
According to The Bitcoin Office, the newly announced zones will take a similar strategy, potentially using strategic resources while incorporating mining, data centres, and tourism, establishing Bitcoin as an active driver of economic growth rather than just a store of wealth.
Polymarket bet on Maduro sparks speculation
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In early January, the crypto community was alerted to an odd wager on the Polymarket platform.
An unnamed trader wagered $32,000 that Nicolás Maduro would depart Venezuela’s presidency by January 31, 2026, and gained nearly $400,000.
The wager was placed just hours before circumstances occurred that rendered the market outcome nearly certain.
On-chain analysis soon stoked conjecture about an insider tip, and the story took a turn when Donald Trump stated that the putative informant had been apprehended and was in custody.
Suspicions were founded not just on profit, but also on the structure of fund movements.
The study revealed that cash came from two seemingly disposable wallets with no other activity, funded solely through Coinbase, and moved nearly instantly to the prediction market.
A thorough investigation showed a series of nearly similar transactions at short intervals employing wallets related to the domains StCharles, StevenCharles, and STVLU, which had previously processed millions through Coinbase.
While the wallets’ ownership was not confirmed, the pattern appeared too consistent to be coincidental.
Following this, Trump publicly declared that the leak had been detected, coinciding with an FBI investigation into Aurelio Pérez-Lugones, a Department of Defence contractor accused of illegally holding secret information about Venezuela.
MEXC accelerates growth and user engagement in LATAM
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MEXC, the world’s fastest-growing digital asset exchange and the pioneer of commission-free trading, plans to expand significantly throughout Latin America by 2025.
The company prioritized localizing its products, improving customer service, and expanding community engagement.
Key activities included integrating PIX deposits and withdrawals in Brazil, improving fiat payment channels in Mexico, Argentina, Colombia, Chile, and Peru, and extending peer-to-peer services in Brazil, Argentina, Mexico, Colombia, Venezuela, and Bolivia.
MEXC has launched the Visa MEXC x Ether.fi card, which allows users to spend cryptocurrency globally via Apple Pay or Google Pay and earn up to 4% cashback, bridging the gap between digital assets and ordinary payments.
The company also prioritised improving the customer experience in Latin America by increasing support in Spanish and Portuguese, localising educational content, and synchronising service hours with regional time zones.
Customer satisfaction (CSAT) climbed from 92.48% to 96.25%, while problem resolution rates increased from 90.51% to 93.10%.
MEXC increased its physical and cultural presence by attending key blockchain events and community meetups in Mexico, Brazil, Argentina, Peru, Bolivia, and Colombia.
MEXC cemented Latin America as one of its fastest-growing markets, setting the scene for future progress in 2026, after being named the “Best Exchange in Latin America” at the BeInCrypto 100 Awards and praised for its strong regional growth.
